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Search Results 0 to 49 of about 212 (some duplicates have been removed)
CSPAN
Nov 14, 2012 6:00am EST
. but there is a lot of support for trying to do things that will help make the economy stronger in the short term. universal support for extending the middle-class tax cuts -- that remove much of the greatest risk of the fiscal cliff. there's a lot of support for finding bipartisan consensus on other things that would make the economy stronger, like a set of amendments -- commitments to finance higher levels of infrastructure and education. there is bipartisan support for that. there is bipartisan support for doing the obvious things -- you have to pass an extension of the business expenditures, things that are important to do. there is a lot of support for trying to make some real progress on long-term fiscal challenges. a lot of benefit in doing that for the economy. i think this is a solvable problem and we want to do as much as we can to take advantage of this opportunity to make some progress on each of those fronts. >> one thing about which there does not appear to be agreement -- that is, should the bush tax cuts on over $250,000 be extended, or should they be raised? i heard jay carney sa
CW
Nov 14, 2012 12:00pm CST
leaders today, and push for his plan to save the economy from the so-called fiscal cliff. this worst-case scenario means tax hikes and spending cuts totaling trillions of dollars... would automatically jump into effect at the beginning of next year. if the president and congress can't reach a deal on the debt. the white house and lawmakers created this deadline last year when they failed to reach an agreement on the deficit. the president is calling for one-point-six trillion dollars in new taxes on companies and the wealthy. yesterday, the president made his case to labor leaders. we're committed to preserving the tax breaks for the middle class. making sure that they pay their fair share. president obama plans to meet with congressional leaders from both parties on friday. she must >> run for reelection to her minority position. no democrat has made a move to seriously challenge her. >> the seventh award alderman sandy jackson's get the city council meeting this morning and is not commenting on a wall street report she may have been involved in spending campaign cash on furnitu
CNBC
Nov 13, 2012 7:00pm EST
. as america demands compromise, on growing the economy and avoiding the fiscal cliff. the president today hosted an old fashioned lefty summit filled with labor chiefs and foreign liberal groups. he went to them ahead of business and the politicians are going to come later on friday. they are going to consider mitt romney's plan. he lost the election but might his ideas win out in the end? plus obamacare, continues to take it's toll on jobs. and one ceo's comments about it's plan are spurring a national movement to eat pizza. 48 days until the biggest tax hike in the history of the planet earth. president obama put labor and local interest groups to who knows what. senate minority leader had the perfect response on the senate floor today please take a lis ebb. >> the amount of revenue that they are prepared to put usual over the cliff over wouldn't fund the government for one week. so why in the world would we want to do that? what is the point? to make people feel good about whacking somebody else. >> so what is your answer to what mitch mcconnel said? go after rich people. why do it at
CNBC
Nov 14, 2012 4:00am EST
about the u.s. economy. >> you're watching "worldwide exchange," bringing you business news from around the globe. >>> hello. welcome to today's "worldwide exchange". >> 40 unions in 23 countries. that's the strikes that are planned across europe today. so if you thought there couldn't be any coordination, there is coordination. >> how are we going to be affected? >> you know, air travel, surprisingly, they have had to have a lot of cancelling due to strikes. >> we're fully at our jobs. there's two hours of it today. let's remind you exactly what's coming up. we'll have updates from beijing throughout the program as the new generation takes the first step towards leadership. >> and we're in london. talk to the ceo of wpp, martin sorrel. >> we discuss japanese banks. >> and the latest on cisco from silicon valley as the network equipment maker warns of slowing growth this quarter and some falling demand in europe. >> more than 2,000 delegates have cast their votes for china's new central committee, marking the end of the week long communist party. the world will have to wait one more day
CSPAN
Nov 14, 2012 1:00am EST
longer, providing for their families and generating more income for the economy and for the treasury. i think there are other things you can do, but look, i am open to a conversation about this. when it comes to things like social security, again, you have got to take a mixed approach. look at simpson-bowles or others, they have a combination of revenue and spending reform. >> you are willing to at least look at that? >> i am willing to consider them as part of a possible plan, but i do not think we should jump to solutions, especially in medicare, that's simply transfer cost. in social security there are other ideas, some of which we discussed in the super committee. >> social security has to be a part of this? >> i think we should look at social security as -- that is what simpson-bowles did. they said, look at social security, but not as part of our deficit reduction target. there is room for a conversation there -- what others have said is they do not want that to be part of how you calculate your deficit. >> what do you have to do? you talk about a process that lasted over six mont
CNBC
Nov 14, 2012 1:00pm EST
something that will put this country on the long term path to a sustainable, strong economy like we need to create jobs. >> you were called the ultimate facilitator when you were in washington working in the first bush white house and you were incredibly successful in getting through some very tough initiatives in the second bush white house. how would you go about bringing these two sides together? what do you think is the key here for actually getting a deal done if you were the facilitator trying to bring these two sides together? >> i think the key to getting the deal done, sue, is to put yourself in the other person's shoes, realize it is very early in the game and realize on both sides that anything you say, anything you do can have an impact on locking people in to positions that you do not want to lock them in to. you want to keep people in an open space with open minds so you can move the pieces around and find the right combination that will keep us from going off the fiscal cliff. i think you also have to realize that you have people on both sides who it's not going to be a ma
CSPAN
Nov 13, 2012 8:00pm EST
our economy and create jobs and the decisions we have to make in the coming weeks to help that come about. it is part of governing that these issues arise and we have to deal with them. >> this is a question on the fiscal cliff. you say he will not sign any bill that extends the bush cuts. it is highly unlikely that he would get a bill like that. how open is he to the notion that -- in terms of going forward? is he willing them out completely? >> i am giving you a pretty good printers on the president's thinking going into the process that he said it begins with the specific proposal he has before congress, a plan that achieves balance and that allows us to continue to invest in important areas of the economy. he has not been wedded to every detail of that plan. i will not negotiate hypothetical details. i was side speaker banner and say i am not in the position of boxing ourselves and others. he looks forward to the meeting with leaders in congress. and as clear principles fam belief that we can reach a compromise is comparable. it would allow us to address the fiscal cliff challen
KCSMMHZ
Nov 14, 2012 6:00am PST
16. >> translator: the economy and energy will be part of the focus of the election. our party will make a manifesto and convey our position to voters. i will explain it to the people after i dissolve the lower house on friday. >> the leadup to the decision played out on wednesday. the prime minister said he was ready to dissolve the lower house if the ldp committed to reducing the number of seats in the house by 234ex year. officials campaigning for the general elections starts on may 4. >> translator: lawmakers don't really care, but the people, the prime minister changes like a resolving door. it's better to give the younger generation a chance another leadership. >> prompted the prime minister to act? making te i . >> there's a big disparity in -- he had fwho executions left. but it took some time >> the lead-up to the decision played out in the diet. abe pointed out the prime minister promised in august to call a general election soon if the diet passed bills related to social security and tax reform. abe said the ldp kept its part of the deal and helped the bills become l
WHUT
Nov 14, 2012 7:30am EST
measures to ensure the economy is boosted even after the dissolution. >> translator: it's vital to implement the economic measures that noda asked the relevant government offices to compile. >> chairman of the japan chambers of commerce and industry said it's regrettable that the move and the ensuing general election will create a political vacuum at a time when the nation's economic situation is severe, but he said he believes that the election is inevitable for the economy to get out of its prolonged stagnation. >> translator: i believe that seeking a public mandate through an election is inevitable for various economic issues. these include the free trade deal under the trans pacific partnership. >>> china's elite officials are finishing up a high stakes game of political chess strategizing and making moves that will ultimately shape the future of the world's most populus nation and second largest economy. hours from now members of the communist party will unveil the next generation of leaders that will take control. party officials spent a week long holding their national co
FOX Business
Nov 14, 2012 4:00pm EST
. the president did not get a mandate on the economy. it is like me saying my wife married me for my height and athletic prowess. it is not true. you have a mandate on fixing immigration, putting supreme court justice. congress does not have a mandate either. stop negotiating the press and stop talking, start negotiating, while the market to just digest and trade under normal environment. we may not see a lot of volatility, that is not such a horrible thing in the market not selling off 20 handles anytime anybody opens their mouth. what we don't need is more talk. just the way it is. liz: mark sebastian did not even drink red bull today, the traders are so anxious and tired of seeing their ability to trade on real fundamentals, isn't that correct? the news they have made the market look so much higher. >> there's a lot of positive news. housing market, it was not that bad. i think fundamentally if we get a deal done i agree, we are going right to 1500. i was actually surprised the big fiscal cliff caught us by surprise so bad. liz: we want to bring in the very people talking about that, sun
PBS
Nov 13, 2012 4:30pm PST
. tom will be along later in the program. congress officially gets back to preventing the u.s. economy from falling off the fiscal cliff. while washington struggles on a fiscal cliff deal, what should you do about your portfolio? jeff applegate has some answers. he's chief investment officer at morgan stanley smith barney. and home depot hammers home strong gains and lays the foundation for a strong quarter ahead. that and more tonight on "n.b.r." it was another day of cliff- watching here on wall street today. investors and traders are waiting to hear what happens at an important white house meeting on friday between president obama and congressional leaders. they will be talking about ways to solve the so-called "fiscal cliff" dilemma. investors appear cautious about making any big moves until they know whether the cliff will trigger increases in capital gains and dividend taxes. the dow fell almost 59 points, the nasdaq lost 20, and the s&p was down five. meanwhile, in washington, congress returned to work for the first time since september. lawmakers face a long "to-do list," and g
FOX News
Nov 14, 2012 3:00pm PST
.s. economy due to hit the fiscal cliff, trillion of tax increases and spending cuts, president obama called for a catch henceive deal and said he is not going to one on the top 2%. >> we cannot afford to extend the bush tax cuts for the wealthy. we can make sure that middle class taxes don't go up. if we get that in place we are removing half of the fiscal cliff. >> speaker john boehner offered what he considers a balanced approach generating the revenue from tax reform and entitlement reform. late today, boehner said the president's position is flawed. >> we are not going to hurt our economy an make job creation more difficult. which is exactly what that plan would do. >> letter sent by the u.s. chamber of commerce and signed by 232 organizations calls on the president and congress to immediately extend all the tax cuts and find other cuts to replace sequestration. the president suggested taking a closer look at reforming entitlements without offing details and says he would like to simplify the tax code. mr. obama says he wants congress to act now to extend tax cut for middle class and tr
CSPAN
Nov 14, 2012 7:00am EST
with the economy. and make sure we do not go back into a recession. but they do want to stick to their guns. they feel like they are really won the election and not to cave in to the republicans on the upper income tax rate. host: chicago, ill., let us go matt, hi. caller: my comment is this, in order for us to solve this problem, both sides are going to have to experience a pretty significant amount of political pain. from my side, i am a lot of the center, i would like to see texas go up on the wealthy. but at the same time, being from chicago i remember when the simpson balls report came out, and congresswoman should kautsky, she said this is horrible there's no way i will vote for this. and i did not think that was right either. clearly, we are going to have to do something about medicare. i am not in favor of the ryan plan. my overall point is, and unfortunately we have not seen this in the past few years, steve is coming more from the right than from my side, but the overall bank is that both sides are born to half to be willing to take on a significant amount of pain. i hope the will
WHUT
Nov 14, 2012 7:00am EST
to get on the streets, otherwise everything will be destroyed. the greek economy certainly looks to be in a terrible state. year on year they are showing a contraction of more than several states. >> question frazier, paris, thank you very much for the view across europe. plenty to come, including a total eclipse of the sun. how thousands reveled in a rare celestial tree. prosecutors in the united states have called for a death penalty for a long shot -- court martial in a case of a soldier killing 16 afghan villagers earlier this year, after going on a rampage. he is facing 16 counts of premeditated murder and six counts of attempted murder. >> it was a shocking incident, the death of 16 afghans, slaughtered before dawn in march. among the victims were nine children. the suspect, staff sergeant robert bayless, who had been previously injured while serving in iraq, he had been reluctant to go to afghanistan. it is alleged that he returned to his base after the first attack, heading out to the second village after finally returning, covered in blood. outrage strained relations bet
CSPAN
Nov 14, 2012 10:00am EST
contribute a little bit to helping our economy, and the majority of the people who are fortunate and made a lot of money, they're willing to do this. democrats, independents and republican support the direction of the president regarding this fiscal cliff issue. thanks, everybody. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012] >> you just heard senate democrats speak about elections. the republicans will talk about their own election. main senator-elected angus king saying he'd caucus with the democrats. here's what he had to say. -- maine senator-elect angus king saying he'd caucus with the democrats. here's what he had to say. >> good morning. all set. today i'm announcing my decision as to which party, if any, i'll associate myself in my work here in the u.s. senate. before doing so, however, i'd like to outline my thinking on this issue and set out the principles that have guided my decision. in answering this, who will you caucus with question, repeatedly during the campaign -- and i emphasize the word repeatedly -- i
CSPAN
Nov 14, 2012 7:30am EST
the consequences. what this discussion really is going to end of being, what our society and economy really need and some of that our programs like the entitlement programs but also things like dealing with bridges and roads and infrastructure and other things the federal government does. that is what we are moving the discussion to and we have a great panel, i think. . .. michael has been an editor or staff writer for "the new yorker," harper's magazine and "the new republic." he's published and appeared and spoken pretty much everywhere, and written everything. ease in terms of writing, everything from much a claimed serious and important works of history, to a prize-winning children's book. moniqumonique morrissey, who yon probably figure out which person that is, has been with the economic policy institute since 2006 where we were colleagues for a, i don't know, a year or something. she previously worked at the afl-cio's office of investment in the financial markets center, she holds a ph.d in economics from american university, and her areas of concentration in her ample research inviting i
FOX Business
Nov 14, 2012 12:00am EST
tax of 15%. t's make the gift tax 15%. make estate tax 15%. you willee the economy explode. you will see all kinds of revenue come in. use the president's own words. everybody should pay their fair share of flatax. melissa: i couldn't agree with you more. it is a fantastic ea. it will also never happen. so what do you think is the real solution that we could come to on this? >> well, like i say, it wasn't mittomney's --. melissa: i no. are republicans going to have to give in and raise marginal tax rate,es or no? what do you think? >> i know a lot of us will not. i can't speak for everybody bui know an awful lot of us who simply will not because we know know the damage that will be done to the enomy. people will lose their jobs. they will lose their benefits. they will lose their health insurance. too many people will be hurt. we really do not want to see this president hurt anymore people as he has. melissa: is it worth going over the fiscal cliff? is that better than caving on this issue? >> well, what we've seen in our negotiations over the last two years is annocement before
MSNBC
Nov 14, 2012 10:00am PST
with the economy. but immigration and what kind of a country we're going to be going into the 21st century more deeply with china and brazil and india and those competitors we have out there now. young people not being able to get a job. the manufacturing base changing. so i do hope that the president does have a strong concept of where he wants to go and how he wants to get there. look, be he's the first african-american president gets re-elected as an african-american president. those will be more than asterisks in history. now it's about legacy, andrea. it's about what did i accomplish. not just that i was unique as a candidate but would i leave behind for jen rags yet to come -- generations yet to come. >> you spent so much time with the military, the troops in iraq and afghanistan and wars going back. how damaging do you think it is to the morale when two of the most celebrated four-star generals, one is involved because of his acknowledged misconduct, the other peripherally involved, we now believe, because he got an e-mail, turned it over to authorities and now perhaps seen as a witness
NBC
Nov 14, 2012 12:00pm EST
. >> the economy certainly is not keeping both on this thanksgiving. the latest trouble figures. how employees are fighting back against plans to open thanksgiving night. a plane crash sparked a massive fire in mississippi. what happened moments before the what happened moments before the >> > officials are trying to determine what caused a small plane to crash inside -- into a home last night. and one person escape the house with minor injuries, but it is unknown whether others were inside. officials say three people on the plane died in the crash. just after takeoff the pilot asked for permission to return to the airport. scary moments for a member of the zero well -- orlando magic stunt team. she balop the shoulders of another member of the squad. -- she fell off the shoulders of another member of the squad. she apparently landed head first. it took several minutes to stabilize hurt and get her on to the gurney. she waved to the crowd. she separate three vertebrae fractures and broken ribs but is expected to recover. still to come, the latest retail numbers are out, and it is not good. i ex
WETA
Nov 14, 2012 6:00pm EST
is in recession for the second time in three years. unemployment is still going out. the economy is weakening, yet further tax increases are in the pipeline. >> there were protests in at least six european countries today. much of the transport was shut down in a country where unemployment is nearly 26%. in portugal there was a general strike. in greece, protesters cried, and enough is enough. the economy has shrunk 23%. >> they have to a pay attention to the social dimension in europe. at the same time, they have to be a bit more social. they have to be a bit more gentle, but i think they should not step away from austerity measures. >> the stories of hardship and tragedy are increasing. a few days ago, a woman in northern spain committed suicide after being ejected by her home. these protesters are camping, and demanding this be stopped. people are sick of this, he said. sooner or later, it is going to explode. at times in recent weeks, it has seemed as though the eurozone crisis was weakening, but the real economy is worsening, and the frustration is available and s visible on spanish streets.
FOX Business
Nov 14, 2012 1:00pm EST
in this crummy economy. starting off in the green. let's go to the full the new york stock exchange, cisco had been helping keep us green, but not so much now. nicole: the dow down three quarters of 1% packing up the losses we saw last week, getting any economic news. the stock market struggling overall, but still the geopolitical concerns. the president coming out to talk about taxes and such. still worried about the fiscal cliff to name a few. the nasdaq down half a percent actually slipped into correction territory off of the highs in september. and let's take a look bucking the trend, other names have been hit hard, for example. here's a look at cisco systems coming out with the quarterly numbers, there is some good news there. lori: appreciate it. melissa: president obama's first news conference since his reelection. the white house and congress will attempt to work together, maybe, to find a compromise. peter barnes is at the white house. what do you think we can expect? >> i think we will hear a lot about petraeus, benghazi, general allen, the sex scandal, fbi, cia. all they have to do
CSPAN
Nov 14, 2012 9:00am EST
of the fundamental question of the internet economy. >> right, it certainly is and again, no one, even in the children, even in the copa context where we proposed before you collect information online from children you have to get parental consent, we don't think, i mean that doesn't stop advertisements for children. it only stops particularly types of information and advertising it back and monetizing that information and soling it to third parties and using it to advertise to children. all it doesn't say you can't collect certain types of information. that is our proposal. we are taking comments. we haven't made up our mind precisely where we're going to go. >> let's sort of talk broadly about a concept of unfairness. so the ftc has a mandate of enforcing deceptive and unfair practices right? >> right. >> traditionally you erred on the side of deceptive. >> well, you know, if you make a commitment to anyone in this room we will in the privacy content we will protect your data and you don't honor that commitment that is deceptive practice. that is an easy thing to understand conceptua
CSPAN
Nov 13, 2012 11:00pm EST
that will make a difference in the future economy of this country. we are in a mess. he is in a position like a lot of previous presidents. he's got to be thinking, am i going to leave a disastrous legacy in the hands of our grandchildren? or am i going to step up and lead? i used to get criticized because i was a deal maker. i talked to people like joe lieberman, we would find a way to get things done. you have to give a little to get a little. doesn't wind up getting you in trouble? oh, yes. but after all, that is what this is all about. the president has said himself, and i quoted him in an article that may run in the "washington post" tomorrow, he says america deserves better. it begins with him. mcconnell has to be engaged. harry reid has to be engaged. we are at a profit this year. maybe it is the fiscal cliff. but we have to act on a lot of really serious things and we had some of it now. we have to do a lot of it next year. if they do the right thing, that our country will benefit the legacy will be secure. so i want to open this up. a lot of people in this room are engaged in this ef
FOX News
Nov 14, 2012 1:00pm EST
cliff -- this affects the whole economy of this country going forward. one of the big questions is going to be that republicans are saying we don't want to see any rate increase, we just want to see revenues through closing loopholes, top administration officials, including secretary tim geithner, he says we want to see rates increase for upper income people. we will see where the president comes down with that. that will be a big issue. on friday, he will meet with congressional leaders. also, if he's willing to put on the table what he did in august of 2011. that is major cuts to entitlement, social security, medicare. and of course, questions about benghazi. he has never fully accounted about the warnings beforehand. you know, did he know that there were all these warnings about security, lack of security in benghazi at the consulate in august. that is a month before the attack. of course, david petreaus -- when did he hear about it? and if he did not hear about it, until last week about the election -- why not? is he upset about our? megyn: that's right, does he have any issue with t
WETA
Nov 14, 2012 6:30pm EST
into a difficult first quarter in terms of the economy next year. so this is almost a situation where you can't hope for or root for any outcome. you have to let it play out and assess what its impact on the economy can be. but the risks right now are to the downside. the sad thing is that as we speak, the economy is actually doing pretty well. >> susie: that's good to hear. as you know, a number of very high-profile c.e.o.s are meeting with the president at the white house today, the c.e.o.s from companies like ibm and xerox and general electric. how much sway do you think these c.e.o.s have over the president? >> if he is smart, he'll listen to them. but that is not the constituenconstituency will eled him. the coalition that elected him supports his hard line on taxes as a percentage of the total package, and he has an obligation -- incidentally, i think an ideological belief that he has to go that way, and that's -- i think that raises the odds of a difficult -- a very difficult period here politically. and while he loyc listens to them and went through the theatrics of having met with th
CSPAN
Nov 14, 2012 12:00pm EST
the economy stronger white a set of commitments to finance, a high level of public investments in infrastructure and education and a lot of bipartisan support for that. i think there's a lot of support for doing the obvious things you have to do. you have to pass an extension tax of the amt is very important to do. you listen carefully there's a lot of support for trying to make real progress on the long-term fiscal soundness. there's a lot of benefit in doing that for the economy. how you do that is important. so i think this is a solvable problem and we want to do as much as we can to take an advantage of this opportunity to make some progress in each of those fronts. >> there's one thing about which they're doesn't appear to be a lot of agreement and that is should the bush tax cuts on the overt and hundred 50,000 crowd be extended or should taxes be raised? >> i heard jay carney an hour or so ago say the president will not agree to anything that extends the tax cuts on the upper brackets. that sounds like a line in the sand; is it? >> i do think it's important to start by a
CNBC
Nov 14, 2012 3:00pm EST
% in a zero interest rate environment. we all knew it was going to be a slow economy. we all knew the market was going to grow slow. the bottom line is even with the decline in the last eight days, we're still up 6.5%, 7%. >> you're saying to buy into this selloff? >> i think you have to buy into it. where are you going to put your money? most of the money is going into fixed income. that's just crazy. we know future interest rates are going to go higher. that's not going to hurt corporations. it's not going to hurt profits, but what it is going to do is hurt the individual investor. they should be in equities. when you look at the dividend plays out there, it's crazy not to be. >> boy, when it comes to the markets, michael, you could not have a more different point of view, could you? >> we have about 30% cash. i took out another about 20%. we're about 50% today in cash. i don't think the fiscal cliff is going to happen. i think they're going to punt. i don't think anybody in washington, d.c. has the meatballs or spaghetti to care about cutting our debt and deficits. you know, the only thin
MSNBC
Nov 14, 2012 3:00pm PST
is offering the republicans. at some point, and i don't know how much we have to damage the economy before that, republicans will do something they haven't done in years and vote for a tax increase. >> thank you both. >> thank you. >> coming up, the fallout from karl rove's $300 million fail is getting humorous. wait until you hear the new plan. >>> and breaking tonight for the first time we are hearing what mitt romney really thinks about why he lost. you will not believe who he's blaming. stay with us. i always wait until the last minute. can i still ship a gift in time for christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. campbell's has 24 new soups that will make it drop over, and over again. ♪ from jammin' jerk chicken, to creamy gouda bisque. see what's new from campbell's. it's amazing what soup can do. out for drinks, eats. i have very well fitting dentures. i like to eat a lot of fruits. love them all. the seal i get with the super poligrip free keeps
CSPAN
Nov 14, 2012 1:00pm EST
that are now griffin to various parts of -- given to various parts of our economy, for example, the oil and gas industry, and shift those tax breaks around so we would fund infrastructure project. in fact, that's what the president proposed to do. before i go further into how we might use the effort to build infrastructure, i want to just say that that infrastructure program is going to be absolutely essential to rebuild an extraordinarily important part of this nation. that is the east coast. new jersey, new york, connecticut and some parts of pennsylvania were devastated. there is going to be a multi-billion dollar rebuilding program necessary just to go back to where those parts of this country were before the storm hit. much more will be needed to protect those parts of this country from future storms that are certain to occur. i'll let it go at that. sigh my colleague from new york -- i see my colleague from new york city has arrived here and i'd like her to pick this issue up and talk about the devastation that occurred in her communities and then we can come back to the infrastructure .
FOX Business
Nov 14, 2012 5:00pm EST
people are then going to spend less in the economy, they will hire fewer people? this will stall the economy? >> one-sided approach would be if we were only looking at revenue side. but it is not. it is a balanced approach. melissa: so what are you putting on the table? what is balanced approach? put one thing on the table? one thing that you're willing to cut spending on? >> they have cut spending by eliminating 400,000 jobs in education. they put their jobs on the line. they lost their homes. the middle class has paid. the problem is, there is no balance and there has been nothing on the revenue side. it ought to be balanced approach between cuts and revenue. now they're talking about the revenue side. a year ago they were talking only cuts. melissa: i agree needs to be balanced approach and revenue and you're not putting any cuts on the table whatsoever. you're only talking about soaking the other side for revenue. that's why we're in the position for the other side. nobody is willing to compromise. thanks for coming on the show, i appreciate it. >> you bet, thank you. melissa
CNBC
Nov 14, 2012 2:00pm EST
with everybody so long as it is advancing the cause of strengthening our middle class and improving our economy. i've got a lot of good relationships with folks both in the house and the senate. i have a lot of relationships on both sides of the aisle. it hasn't always manifested itself in the kind of agreements that i'd like to see between democrats and republicans, and so i think all of us have responsibilities to see if there are things that we can improve on, and i don't exempt myself from needing to do some self-reflection and see if i can improve our working relationship. there are probably still going to be some very sharp differences, and as i said during the campaign, there are going to be times when those are fights and i think those are fights that need to be had. but what i think the american people don't want to see is a focus on the next election instead of a focus on them. and i don't have another election. michelle and i were talking last night about, you know, what an incredible honor and privilege it is to be put in this position. there are people all across this country -- mi
CNN
Nov 14, 2012 9:00am PST
on message and move on to the economy? >> well, is he going to be trying to turn this to the economy, suzanne, but the fact is he will be definitely getting questions about the scandal, about general petraeus, and certainly about his faith in general allen, so that is going to be a topic. he will try to pivot to the economy and to talk about the fiscal cliff, which is obviously his number one priority trying to get that resolved, and we also expect that he will be here talking -- or he will be asked about benghazi. this will be his first press conference since that september 11th attack in egypt that killed u.s. ambassador chris stevens and three other americans. as well, would you expect them to be asked about cabinet -- or, pardon me -- in libya, and you would expect him to be asked about the cab -- potential cabinet shake-ups as well. you said he hasn't had an extended press conference since march. that's true. there are a lot of outstanding questions, and he will be asked probably about all of them today, suzanne. >> imagine it's going to be taking a while to get through all of these, and
FOX Business
Nov 14, 2012 3:00pm EST
are talking about slows growth in the economy. it is the prudent thing to do to get the fiscal house in order but all those things will keep growth somewhat tepid and 22013. liz: two things helping the economy improve, retail sales number did not look that good, but depending on the company certainly. it is not all bad news. give me an example of people running for safety. >> pfizer is the perfect example. what is so interesting about that? liz: people feel safety, visor, the industry. >> it feels good to own those well-recognized names. you should look for the companies that are growing despite that. it is amazing people feel okay losing money in pfizer because it is pfizer. if you lost money in a company you are less familiar with. liz: some of those very names he feels are the places to be. the long-term bullish stock picker to, the number one moneymaker. 50 minutes before the closing bell rings. remember the '80s when the japanese bought everything american including the rockefeller center? chinese companies are now doing the same thing. plowing money into u.s. assets, u.s. companies at a
CNBC
Nov 13, 2012 11:00pm EST
the radical changes and spending cuts that can stop any economy in it's tracks. [ sound of train ] >> i mind why we aren't pummeled instead of being unchanged like yesterday is because there are factors that need to be flushed out on this show. ones that may explain why things aren't going the intuitive way. the market is hopeful a deal can be reached. i find this hope somewhat incredible given the terrible track record of congress and the president. and the huge goal between the parts. after all, if you are president obama, you believe the election is over and your campaign received a ringing endorsement. but if you are a republican, you have to believe that those republicans that do not want to rise above politics are banking on massive declines in spending to wreck the economy. if you are a republican, in permanent campaign mode, i'm sure one of your advisers is saying that going off the fiscal cliff might be the best thing in terms of the midterm election. worse, if you are a democrat, you might think the defense spending cuts could be coming and you might think that is good. there is a
KCSMMHZ
Nov 14, 2012 2:30pm PST
brings fresh job cuts, and frustration is growing. spain's economy is set to shrink by another 1.5% this year. there were similar scenes in several metro stations where hundreds of protesters face rows of officers. metro services have been largely suspended, and only 20% of long- distance trains are running. schools and many shops are also shut down. spain's general workers union says the nationwide stoppage is being observed by nearly all workers in the automobile, energy, shipbuilding, and construction industries. >> they are taking all our rights away -- all our rights. the banks and other business people are bringing us onto the streets. they are stealing our salaries. we do not have any rights anymore. >> hundreds of flights have been canceled across europe. in the portuguese capital, lisbon, many face long waits with nearly half of all flights canceled. >> we arrived at 9:00 in the morning, and we have to wait until 9:00 in the evening. public transport is not working, either, so we are stuck. it is a shame. >> access to ferry service has also been blocked. >> we are witnes
PBS
Nov 13, 2012 6:30pm PST
his first press conference after the election, and he would like to focus on the economy, but i think the majority of the journalists will just as more about petraeus and about general allen. the cia had eight directors in the past seven years, and it is bad for the cia, bad for the military, and bad for president obama. >> thanks for that. >> in germany, greenpeace is calling for a fresh start in the search for a long term dump for nuclear waste. >> the environmental group says a new commission should be set up to consider a range of possible sites with maximum input from the public. it says that after years of controversy, the government should give up on the old salt mine that has been the longest running candidate. >> research into weather this underground site is the right place to store nuclear waste started 35 years ago. the protests against it are just as old. greenpeace says it is time to change tack and that the search for a storage site for nuclear waste should start from scratch with greater involvement by ordinary people. >> a permanent storage site can only work if there
ABC
Nov 14, 2012 11:00am PST
as it's advancing the cause of strengthening the middle class and improving the economy. i have good relationships with folks in the house and senate. i have a lot of relationships on both sides of the aisle. it hasn't always manifested itself in the kind of agreements i would like to see between democrats and republicans. and so, think all of us have opponen responsibility of things to see if we can improve on. i need to see if i can improve our working relationship. probably some very sharp differences still. and as i said in the campaign, there will be times where there are fights. think those are fights that need to be had. but, what i think the american people don't want to see is a focus on the next election instead of a focus on them. and, i don't have another election. and you know, michelle and i were talking last night about, you know, what an incredible honor and privilege it is to -- to be put in this position. and there are people all across the country, millions of folks who have worked so hard to help us get elected. but there are also millions of people that may not h
FOX Business
Nov 14, 2012 6:00pm EST
their people. that is the choice we face tonight. either our elected officials bring order to our economy, or there wouldn't be any economy to worry about. as the president spoke today, the markets took a dive down 185 points. the dow jones is down nearly 700 points in the last six trading days since president obama was reelected. the nasdaq in a correction of nearly two thirds of the market also and correction territory. it down more than 10% from recent highs. the markets seem to think that we have had over the fiscal cliff. what did people have to say to have the power to stop it? let's ask republican congressman tim huelskamp. welcome to the show, congressman. we definitely want to talk to you about the president's speech today. he said he is ready for compromise. here is the president. >> i am open to compromise and i'm open to new ideas. i have been encouraged over the past week your republican after republican to agree on the need for more revenue from the wealthiest americans as part of our arithmetic if we are going to be serious about reducing the deficit. gerri: president says
FOX News
Nov 14, 2012 1:00pm PST
opted to extend all the bush rates, he did so because the economy was too fragile to tamper with raising taxes at the time. it is more fragile now. the g.d.p. is actually lower now. so, what gives? >>guest: absolutely. the economy is still in a very fragile state and if we are going to continue a recover we l -- we cannot raise taxes. republicans cannot raise tax rates. that is damaging to them. >>neil: do they sense they have wiggle room on the deductions and allowances? and say the president is wrong on this, but the $1 trillion you can talk money like that if you remove the allowances and breaks how is it being told? >>guest: as we start to see how they will roll the loopholes out, there is a lot of corporate welfare in the tax structure. we have not reformed the tax code since the 1980's and the internet wasn't around them so there is an opportunity to roll out the items and see where we are. i don't see how you can dismiss we don't get there without closing loopholes and deductions first. >>neil: for get whether the president can get republicans there, does he have a power will outl
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